Solchan’s One-Month Update

Solchan has officially been on the Solana network for a little over 1 month now. There have been some huge strides made by the team, let's check them out!

Finally after much anticipation you can now “tip” posts on Solchan. Tipping is Solchan’s version of a like or upvote, you see a cool post, tip it! Tipping allows you to send Solchan tokens to whoever the OP is if they have their wallet address connected.

• The tipping function burns 10% of the tokens and puts 5% of them towards the Solchan team, meaning that the person you tip gets 85% of the original amount you tip.
• The amount originally tipped will be displayed next to the original post and will have a live USD equivalent. This allows someone to tip say 10,000 Solchan right now for x amount USD then in the future if the token has grown 5-10x the amount in USD will be displayed.
• FEATURES YET TO BE IMPLEMENTED: tipping leaderboard, who has given and gotten the most.
• Tipping gives Solchan even more utility than before because you can only use its tokens to tip a good post.

Get out there and start making some absolutely beautiful threads and get paid for posting your mind online!

Additionally, Solchan has officially partnered with Bonfida, Solana Name Service. This allows you to display your .sol domain on your Solchan thread. So when posting you go from a jumble of characters to a humanized name.

Solchan is getting closer to the ideal crypto social media, the team has consistently delivered on their promises and will continue to do so.

Come be a part of a great community and something greater than yourself. Study Solchan.